Trump Plans to Impose ‘More Than 60%’ Tariffs on Chinese Goods if Elected as President in 2024

News Snapshot:

If re-elected in November 2024, former President Donald Trump intends to intensify the trade spat he started with China during his first term in office. In a Fox News interview, the front-runner for the Republican nomination stated that he is thinking about putting 60% or even more tariffs on imports from China in his possible second term. “We have to do it,” Trump said in an interview on Fox’s Sunday Morning Futures, per CNBC. The Trump campaign was considering a hypothetical 60% tariff plan on Chinese imports, according to an initial report by The Washington Post. Beyond China, the former...